After the market closes, the fund company receives the data sent by the exchange and the registration and settlement institution, then carries out internal screening calculation, counts the investment situation of the fund manager on that day, and then reports it to the fund custodian for audit and supervision, so individual investors cannot calculate the net value of the fund.

But individual investors can buy and sell funds according to the net value announced by the fund company. Because the trading time of the fund is the same as that of the stock market, if you buy the fund before three o'clock that day, then your share is calculated according to the net value of that day; If you buy a fund after 3 pm, you will calculate the share according to the net value of the next trading day.

Fund net value, also known as fund unit net value, is the net asset value of each fund unit.

Net fund value = total fund assets-total fund liabilities/total number of unit shares issued by the fund. Therefore, these data can only be calculated by fund companies, and the purchase and redemption of open-end funds are carried out at this price after the net value is announced.